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January 4, 2022

Vajvishti, Albania

By Carmen

Vajvishti is a 57.9MW hydro power project. It is planned on Shala river/basin in Shkoder, Albania. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2025.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Hydropower 57.9 57.9 Permitting Shkoder, Albania 3Power Energy Group; Shala Energy sh.p.k

Description

The project is being developed and currently owned by 3Power Energy Group and Shala Energy sh.p.k. The company’s ownership stake in the project stands as 75% and 25% respectively.

The gross head and net head of the project will be 125m and 124.22m respectively. The project is expected to generate 204.571 GWh of electricity. The project cost is expected to be around $72.374m.

The hydro power project consists of 1 turbine with 2.9MW nameplate capacity.

The hydro power project consists of 2 turbines, each with 27.5MW nameplate capacity.

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Development Status

The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2025.

About 3Power Energy Group

3Power Energy Group is engaged in the development, construction, generation and operation of sustainable energy projects in the hydro, wind and solar power sectors. Its clients include government controlled wholesale electricity markets, public power authorities and public entities, and large and medium business concerns. The company operates in the UAE and Switzerland. It is headquartered in Dubai, the UAE.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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